CVS Wedge Breakout Analysis

Live breakout scanner data · Updated every 10 minutes

B+ BULL Healthcare · Pharmacy

CVS is currently showing a bullish wedge compression on the 30-minute timeframe, graded B+ by the UnxEdge scanner. The current breakout level is $101.94, currently 0.05% away. This pattern has shown a 1.3x profit factor across 14 backtested trades.

Current Setup

Close$101.99 +0.33%
Breakout Level$101.94
Distance to Level0.05% (crossed)
RVOL0.7×
Pressure66
PatternCompression

Trade Plan

Entry$102.14
Stop$101.66
TP1$102.61
TP2$103.08
TP3$103.56

Chart

CVS breakout scanner chart

Backtest Performance

Win Rate
57%
Profit Factor
1.32x
Avg R
+0.14R
Trades
14
Recent results
DateSideGrade EntryStopTargetExit ResultRBars
Jun 2 BEAR A- $89.97 $90.53 $89.40 $90.53 LOSS -1.00R 6
May 22 BULL A- $94.10 $93.60 $94.61 $93.60 LOSS -1.00R 2
May 12 BULL A- $93.04 $92.34 $93.74 $93.74 WIN +1.00R 3
May 8 BULL A- $87.68 $87.00 $88.36 $88.36 WIN +1.00R 2
May 7 BULL A- $87.68 $87.00 $88.36 $87.00 LOSS -1.00R 2
Apr 28 BULL A- $78.76 $78.30 $79.22 $79.22 WIN +1.00R 2
Apr 21 BULL A- $77.23 $76.83 $77.62 $77.62 WIN +0.97R 2
Apr 10 BULL A- $79.41 $79.04 $79.78 $79.04 LOSS -1.00R 2
Apr 9 BULL A- $78.96 $78.48 $79.43 $78.48 LOSS -1.00R 16
Apr 7 BULL A- $73.77 $73.35 $74.18 $74.18 WIN +0.98R 2
Apr 1 BEAR A- $71.91 $72.24 $71.58 $72.24 LOSS -1.00R 2

Recent Setup History

DateGradeSideBreakoutDistPressureResolution
2026-06-24 B+ BULL $101.94 0.34% 66
2026-06-24 B+ BULL $101.94 0.34% 66
2026-06-24 B+ BULL $101.94 0.34% 66
2026-06-24 B+ BULL $101.94 0.34% 66
2026-06-24 B+ BULL $101.94 0.34% 66
2026-06-23 B+ BULL $101.94 0.34% 66
2026-06-23 B+ BULL $101.94 0.34% 66
2026-06-23 B+ BULL $101.94 0.34% 66
2026-06-23 B+ BULL $101.94 0.34% 66
2026-06-23 B+ BULL $101.94 0.34% 66

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